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Global oil demand to grow by 1.9 million bpd in 2024

LONDON (Reuters) -Global oil demand will grow by 1.9 million barrels per day (bpd) this year, according to a prediction by energy research company Wood Mackenzie, a forecast close to the Organisation of the Petroleum Exporting Countries’ (OPEC) estimate for 2024. In remarks shared with delegates at a Wood Mac briefing on Wednesday during the.....»»

Category: newsSource: inquirer inquirerMar 1st, 2024

Demand for PCs softens last year

Issues on government procurement and a decline in corporate demand led to fewer orders for personal computers last year, a global IT market intelligence firm said......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

How has God been helping you grow in spiritual maturity and effectiveness for Him?

How has God been helping you grow in spiritual maturity and effectiveness for Him? Why is age not the most important factor?.....»»

Category: newsSource:  philstarRelated NewsApr 25th, 2024

El Niño gives breeders chance to grow milkfish production – group

El Niño gives breeders chance to grow milkfish production – group.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

Philippines FDI net inflows grow by 89.9 pct in January

MANILA, April 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 89.9 percent in January to 907 million U.S. dollars, the country's central bank said Wednesday. "The increase in FDI was supported mainly by the 173.2 percent expansion in nonresidents' net investments in debt instruments to 820 million dollars from 300 million dollars in January 2023," the Bangko S.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Iran s Navy Seizes Oil Tanker in Gulf of Oman

DUBAI, UNITED ARAB EMIRATES - Iran's navy seized an oil tanker on Thursday in the Gulf of Oman that once was at the center of a major crisis between Tehran and Washington, officials said. The seizure further escalates tensions in the Mideast waterways.The vessel was once known as the Suez Rajan and was involved in a yearlong dispute that ultimately saw the U.S. Justice Department seize 1 million barrels of Irani.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Korean youth driving demand for Philippines flights

South Korea’s flag carrier expects to fly about 1.7 million passengers to and from the Philippines this year, optimistic that tourism demand will be sustained by the traveling youth......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

El Niño to slash coconut oil exports

The El Niño phenomenon is seen pulling down the country’s coconut oil exports by a fifth in market year 2024-2025 to 900,000 metric tons, according to an international agency......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

Ayala Land unit expands Pampanga housing project

Amaia Land, the affordable housing arm of property giant Ayala Land Inc., has expanded its community in San Fernando, Pampanga as demand continues to grow......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Remolona sees 5.9 percent GDP this year

The Philippine economy is likely to grow at a faster pace this year, but it would still be below the government’s goal of six to seven percent as rate hikes continue to constrict demand, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Meralco expects energy sales to grow this year

Despite a projected slowdown in demand from the commercial segment, the Manila Electric Co. (Meralco) still expects its energy sales to improve by 4.5 percent this year......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

PH Economy Remains Optimistic Amid Global Slowdown

The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»

Category: newsSource:  metrocebuRelated NewsJan 12th, 2024

Cebu Daily Newscast: P25 fare increase: Jeepney drivers to demand this hike if…

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Thursday, May 2, 2024. P25 fare increase: Jeepney drivers to demand this hike if… Ordinary passengers who rely on commuting daily will face a much greater burden on their wallets, as jeepney drivers will.....»»

Category: newsSource:  inquirerRelated NewsMay 2nd, 2024

Singlife gets P600 million capital infusion

Digital life insurance firm Singlife Philippines has secured a P600-million capital infusion from its parent company in Singapore as it moves to grow its market presence in the country......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Mixed oil price adjustment ipatuman karon

Mixed oil price adjustment ipatuman karon.....»»

Category: newsSource:  sunstarRelated NewsMay 20th, 2024

Big-time oil price cut expected on May 14

Another big-time oil price rollback is expected during the second week of May......»»

Category: newsSource:  philstarRelated NewsMay 10th, 2024

Big-time oil price rollback expected on May 7

A big-time oil price rollback is expected on the first week of May......»»

Category: financeSource:  philstarRelated NewsMay 3rd, 2024

Mixed adjustments in oil prices today

Local oil firms made mixed adjustments in petroleum prices today, with the prices of diesel and kerosene rolled back while that of gasoline increased.?.....»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

Vape refill cartridges with marijuana oil seized by PDEA-12

Agents of the Philippine Drug Enforcement Agency-12 confiscated 51 vape refill cartridges said to contain marijuana oil in an entrapment operation in Barangay Apopong in General Santos City on Thursday afternoon......»»

Category: newsSource:  philstarRelated NewsApr 12th, 2024

How Oil Prices Shape Your Daily Life

Ever thought about why crude oil prices matter? They seem like numbers on a screen, but they actually have an effect on what we pay for everyday necessities. Crude oil is what keeps the world going. It’s what fuels our cars, trucks, and planes, and it’s used to make items we use, from plastic to […].....»»

Category: newsSource:  metrocebuRelated NewsApr 10th, 2024

Oil prices hit fresh five-month high

Oil prices scored fresh five-month peaks Wednesday on unrest in the crude-rich Middle East and an OPEC+ call for its members to maintain its strategy of reducing output......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024